Dow Futures Opening Update as on 16 January 2018

U.S. stock futures are higher in pre-market trading for Tuesday, January 16.The Dow Futures are trading at 26,045.00 for up with +0.95%percent or +244.00 point. The S&P 500 Futures are trading at 2,801.25 for up with +0.45% percent or +12.50 point.The Nasdaq Futures are trading at 6,805.25 for up with +0.45% percent or +30.25 point.

In overnight trading in the Eastern Hemisphere, Japan’s Nikkei 225 are trading at 23,951.81 for up with +0.26%percent or +236.93 point. Hong Kong’s Hang Seng are trading at 31,835.15 for up with +1.58% percent or +496.28 point. China’s Shanghai Composite are trading at 3,436.59 for up with +0.77%percent or +26.11 point. India’s BSE Sensex are trading at 34,777.84 with a loss of -0.19%percent or -65.67point at 12:15 PM.The FTSE 100 are trading at 7,789.15 for up with +0.26% percent or +20.01point. Germany’s DAX are trading at 13,274.68 for up with +0.56%percent or +74.17 point. France’s CAC 40 are trading at 5,526.64 for up with +0.31% percent or +16.96point. The Stoxx Europe 600 are trading at 399.32 for up with +0.38% percent or +1.49 point.

Tuesday’s Factors and Events

ended at record highs but dollar slumped on Today as retail sales rose while inflation remained unchanged in December. The live dollar index data show the ICE US Dollar index, a measure of the dollar’s strength against a basket of six rival currencies, fell 1% to 90.926 Friday. S&P 500 gained 0.7% to fourth straight closing record 2786.24 as retail sales rose 0.4% in December. The US broad market index gained 1.6% for the week. Dow Jones industrial average jumped 0.9% to fresh record 25803.19. The NASDAQ Composite added 0.7% to 7261. Futures indicate higher market openings today.

Monday’s Activity

U.S. market were higher on Monday. For the day the Dow Jones Industrial Average closed at 25,803.19 for up with +0.89% percent or +228.46 point. The S&P 500 closed at 2,786.24 for up with +0.67% percent or +18.68 point. The Nasdaq Composite closed at 7,261.06 for up with +0.68%percent or +49.28 point.

Other leading market index closes included the small-cap Russell 2000 Index closed at 1,591.97 for up with +0.33%percent or +5.18 point; the S&P 600 Small-Cap Index closed at 969.17 for up with +0.37% percent or +3.56point; the S&P 400 Mid-Cap Index closed at 1,965.97 for up with +0.27% percent or +5.29 point; the S&P 100 Index closed at 1,234.55 for up with +0.71%percent or +8.73 point; the Russell 3000 Index closed at 1,647.37 for up with +0.61% percent or +9.99 point; the Russell 1000 Index closed at 1,542.77 for up with +0.63%percent or +9.71 point; and the Dow Jones U.S. Select Dividend Index closed at 25,803.19 for up with +0.89% percent or +228.460point.